Fortescue Metals Group
Fortescue dividend delivers for Forrest despite modest profit jump
A month after shedding 700 workers, Fortescue has posted an annual profit of $8.4 billion supporting a $2.2 billion payout to the miner’s biggest shareholders Andrew and Nicola Forrest.
- by Peter Milne
Latest
Andrew Forrest isn’t giving up on his green iron Pilbara dream
Weeks ago Fortescue dumped a target to be a major producer of green hydrogen by 2030, but Andrew Forrest still insists his native Pilbara can supply the globe with green iron.
- by Peter Milne
New evidence in court case as Fortescue takes aim at smaller rival
Court documents reveal a development in the intellectual property case in which Fortescue hired private investigators.
- by Anne Hyland
Fortescue in-house lawyer issued spying orders, court documents reveal
Fortescue’s founder Andrew Forrest last month said he had no knowledge of the extensive spying conducted on ex-staff and their families, including children.
- by Anne Hyland
Australia’s green steel future threatened by lack of speed
If the steel industry was a country it would be the world’s third-largest emitter of greenhouse gases after the United States and China.
- by Peter Milne
Forrest’s Fortescue boosts spending to keep green hydrogen dream alive
Mining giant says it will lift spending on its green energy division this year despite setbacks tempering its ambitious green hydrogen targets.
- by Nick Toscano
‘A political mischief’: Forrest hits back at green hydrogen detractors
Mining executive Andrew Forrest has denied he is abandoning his ambitions for green hydrogen, saying the fuel is imperative for combating climate change.
- by Bianca Hall and Peter Milne
Opinion
Andrew Forrest
Billionaire Andrew Forrest’s green crusade cops a reality check
Fortescue is about to turn 21, and with age seemingly comes wisdom, as the company puts its enormously expensive green hydrogen plans on the backburner.
- by Elizabeth Knight
Updated
Hydrogen
Andrew Forrest’s Fortescue slashes 700 jobs, tempers green hydrogen ambitions
Mining billionaire Andrew Forrest’s Fortescue will slash 700 jobs, as the company tempers its ambition to be a major producer of the clean fuel hydrogen.
- by Peter Milne
‘Best thing I’ve ever done’: How a chance diagnosis transformed this WA mining worker’s life
Tristan did not just get his own desk at Fortescue when he shared his diagnosis. He got a ticket to be himself.
- by Peter Milne
Fortescue accused of keeping key meeting a secret in intellectual property case
Billionaire Andrew Forrest’s Fortescue has been accused of failing to disclose “material” information when it secured a warrant to raid the homes and offices of ex-Fortescue staff, who have been accused of stealing the iron ore group’s intellectual property.
- by Anne Hyland
Original URL: https://www.smh.com.au/topic/fmg-m5